Real estate

RioCan REIT (REI.UN)

C$20.59 +0.4% on the day·+16.0% in a year·close Oct 13, 2026

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Hold52 / 100

Hold: 52 is between your Sell line (40) and Buy line (60). Off the high (−10% from its 1-year high) scores 67 and lifts it; Trend (+1% vs 200-day) scores 44 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weight	REI.UN	Points	Weight	Adds
Plays in	46%	46	40	18.4
Off the high	−10% from its 1-year high	67	30	20.1
Trend	+1% vs 200-day	44	30	13.2

Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for REI.UN

Factor	REI.UN	Points	What it is
Plays in	46%	46	The share of the plays you count that hold it now.
Analysts' upside	+17% · 12 analysts	53	How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating	2.0 · buy	50	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	23.9×	52	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E	12.7×	71	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	0.40	90	P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth. Source: Yahoo Finance.
Price to sales	4.7×	38	Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book	0.8×	95	Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield	5.7%	92	Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth	+6%	34	Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Revenue growth	−19%	3	Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Profit margin	20%	65	Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity	3%	24	Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity	0.97×	30	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high	−10% from its 1-year high	67	How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend	+1% vs 200-day	44	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	+16%	51	The price change over the last 12 months. Higher ranks higher.
Low crash exposure	4/10 · moderate	60	The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on REI.UN

46 of the 100 plays hold REI.UN right now.
The momentum and volume plays mostly say in; the trend-following and breakout plays mostly say out.
It closed 1% above its 200-day average and 10% below its 52-week high.
Crash exposure reads moderate: it fell about 1.3× as far as its index in past crashes and operating profit covers interest only 1.2×.
Analysts' average 12-month target is C$24.10, 17% above the close (12 analysts).

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in46 / 100Every play Be The Puck tests, in 7 families.

Crash exposureModerate4 of 10 on the storm test Mayer Multiple1.01×Price ÷ its 200-day average (+1%). Higher than on 36% of days since 2005. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about REI.UN now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn REI.UN: right 31 of 68 · Out since Jul 30, 2026 Breakouts & channelsP&F Double TopIN37% of 36,314 calls rightOn REI.UN: right 13 of 42 · In since Oct 23, 2025 Momentum12-1 MomentumIN44% of 8,156 calls rightOn REI.UN: right 11 of 22 · In since Oct 31, 2025 Mean reversionBollinger ReversionOUT64% of 53,095 calls rightOn REI.UN: right 123 of 188 · Out since Oct 13, 2026 Volume & money flowMoney Flow IndexIN59% of 13,925 calls rightOn REI.UN: right 30 of 43 · In since Aug 13, 2026 Candles & chart patternsEngulfing SwitchIN50% of 38,976 calls rightOn REI.UN: right 77 of 144 · In since May 20, 2026 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn REI.UN: right 26 of 43 · Out since Apr 30, 2026

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

REI.UN, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved REI.UN lately

Its biggest move against the S&P/TSX in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Mon Oct 5−2.3% against the S&P/TSX2.1× a normal day

REI.UN −2.2%, the S&P/TSX +0.0% that session; −1.5% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on REI.UN was found for this session. Headlines that day were commentary or previews rather than news. The S&P/TSX moved +0.0%. The 18 other Real estate stocks Be The Puck covers moved −1.0% on average, so most of the move was its own.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on REI.UN

All 100 plays, by family.

Trend following8 of 30 in Breakouts & channels2 of 15 in Momentum13 of 17 in Mean reversion8 of 15 in Volume & money flow8 of 9 in Candles & chart patterns2 of 3 in Calendar5 of 11 in

Calls right: how often the play's calls on REI.UN went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2005. Click a column to sort.Sort with the menu above the list.

Play	Call	Since	Next move	Calls right	Annual return	Worst drawdown
Trend following
PB EMABitcoin Playboy · daily	IN	Oct 13, 2026 0.0%	Exit below C$20.53 (−0.3%)	28% 183/658	+1.8% / +6.9%	−37.2% / −54.9%
Bull Market Support BandBenjamin Cowen · weekly	OUT	Aug 21, 2026 −1.6%	Enter above C$21.58 (+4.8%)	33% 34/103	+5.7% / +6.9%	−36.0% / −54.9%
Ripster EMA CloudRipster · daily	OUT	Jul 31, 2026 −6.3%	Enter above C$20.87 (+1.4%)	23% 87/375	+3.4% / +6.9%	−45.7% / −54.9%
Trend TemplateMark Minervini · daily	OUT	Jul 30, 2026 −6.6%	Enter above C$32.48 (+57.8%)	19% 18/93	+3.7% / +6.9%	−20.2% / −54.9%
Stage AnalysisStan Weinstein · weekly	OUT	Aug 28, 2026 −0.8%	Enter above C$21.21 (+3.0%)	32% 24/75	+6.2% / +6.9%	−21.9% / −54.9%
Stage 2 + Mansfield RSStan Weinstein · weekly	OUT	Aug 7, 2026 −4.4%	Enter above C$21.86 (+6.2%)	26% 28/109	+2.7% / +6.9%	−37.1% / −54.9%
10-Month SMAMeb Faber · month-end	IN	Aug 29, 2025 +18.6%	Exit below C$20.54 (−0.3%)	41% 14/34	+7.7% / +6.9%	−25.6% / −54.9%
200-Day RulePaul Tudor Jones · daily	IN	Oct 6, 2026 +1.0%	Exit below C$20.44 (−0.7%)	13% 25/190	+5.1% / +6.9%	−35.6% / −54.9%
Golden CrossMarket tradition · daily	IN	Aug 15, 2025 +22.9%	Not on one close	31% 10/32	+3.3% / +6.9%	−48.9% / −54.9%
Granville 200-DayJoseph E. Granville · daily	IN	Oct 6, 2026 +1.0%	Exit below C$20.44 (−0.7%)	20% 21/106	+5.3% / +6.9%	−27.6% / −54.9%
Hull Moving AverageAlan Hull · weekly	OUT	Jul 24, 2026 −7.7%	Enter above C$20.39 (−1.0%)	36% 50/137	+5.8% / +6.9%	−40.6% / −54.9%
Kaufman Adaptive MAPerry J. Kaufman · daily	OUT	Jul 30, 2026 −6.6%	Enter above C$20.77 (+0.9%)	26% 212/812	+2.0% / +6.9%	−43.2% / −54.9%
TEMA CrossoverPatrick G. Mulloy · daily	IN	Sep 16, 2026 +0.9%	Exit below C$18.14 (−11.9%)	36% 91/251	+1.8% / +6.9%	−45.0% / −54.9%
Seykota 15/150Ed Seykota · daily	IN	Jul 7, 2025 +25.3%	Exit below C$5.58 (−72.9%)	29% 7/24	+5.4% / +6.6%	−33.9% / −54.9%
Guppy Multiple MAsDaryl Guppy · daily	OUT	Aug 4, 2026 −4.6%	Enter above C$24.56 (+19.3%)	28% 37/133	+4.7% / +6.9%	−34.8% / −54.9%
Ichimoku CloudGoichi Hosoda · daily	OUT	Aug 6, 2026 −3.8%	Not on one close	31% 37/119	+5.2% / +6.9%	−35.5% / −54.9%
SupertrendOlivier Seban · daily	OUT	Aug 4, 2026 −4.6%	Enter above C$21.29 (+3.4%)	35% 51/145	+4.5% / +6.9%	−37.9% / −54.9%
Williams AlligatorBill Williams · daily	OUT	Jul 29, 2026 −7.4%	Not on one close	40% 125/309	+3.2% / +6.9%	−47.5% / −54.9%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	OUT	Oct 7, 2026 +1.0%	Enter above C$20.68 (+0.4%)	37% 211/571	+4.0% / +6.9%	−45.3% / −54.9%
AroonTushar S. Chande · daily	OUT	Jul 30, 2026 −6.6%	Enter above C$20.91 (+1.6%)	33% 73/221	+2.4% / +6.9%	−52.7% / −54.9%
Parabolic SARJ. Welles Wilder Jr. · daily	OUT	Oct 5, 2026 +1.6%	Enter above C$20.81 (+1.1%)	38% 186/484	+3.0% / +6.9%	−42.7% / −54.9%
ADX TrendJ. Welles Wilder Jr. · daily	OUT	Jul 23, 2026 −7.1%	Enter above C$20.97 (+1.8%)	36% 51/141	+3.6% / +6.9%	−26.2% / −54.9%
MACD Zero LineGerald Appel · daily	OUT	Jul 31, 2026 −6.3%	Enter above C$21.70 (+5.4%)	31% 56/181	+4.1% / +6.9%	−44.9% / −54.9%
Zweig 4% ModelMartin Zweig · weekly	OUT	Aug 7, 2026 −4.4%	Enter above C$21.33 (+3.6%)	37% 52/141	+4.0% / +6.9%	−56.4% / −54.9%
MAMA/FAMA CrossJohn F. Ehlers · daily	OUT	Jul 30, 2026 −6.6%	Enter above C$25.67 (+24.7%)	35% 75/213	+5.4% / +6.9%	−44.1% / −54.9%
Schaff Trend CycleDoug Schaff · daily	IN	Apr 2, 2026 +7.5%	Exit below C$20.19 (−1.9%)	36% 88/245	+2.7% / +6.9%	−42.4% / −54.9%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	OUT	Jul 31, 2026 −6.3%	Enter above C$21.74 (+5.6%)	33% 47/141	+4.3% / +6.9%	−45.1% / −54.9%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	OUT	Aug 12, 2026 −3.5%	Enter above C$25.53 (+24.0%)	31% 33/105	+5.1% / +6.9%	−34.2% / −54.9%
Elder Triple ScreenAlexander Elder · daily	OUT	Jun 19, 2026 −7.9%	Not on one close	34% 58/170	+1.3% / +6.9%	−42.6% / −54.9%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	Jul 30, 2026 −6.6%	Not on one close	46% 31/68	+2.6% / +6.9%	−12.8% / −54.9%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	OUT	Aug 4, 2026 −4.6%	Enter above C$20.89 (+1.5%)	33% 41/125	+3.9% / +6.9%	−48.5% / −54.9%
Turtle System 1Richard Dennis & William Eckhardt · daily	OUT	Jul 10, 2026 −7.2%	Enter above C$22.25 (+8.1%)	31% 41/133	+3.6% / +6.9%	−23.6% / −54.9%
Turtle System 2Richard Dennis & William Eckhardt · daily	OUT	Aug 4, 2026 −4.6%	Enter above C$22.48 (+9.2%)	35% 32/91	+5.0% / +6.9%	−18.9% / −54.9%
Clenow TrendAndreas F. Clenow · daily	OUT	Aug 4, 2026 −4.6%	Enter above C$24.63 (+19.6%)	32% 35/109	+1.1% / +6.9%	−42.0% / −54.9%
Darvas BoxNicolas Darvas · daily	OUT	Jul 30, 2026 −6.6%	Not on one close	34% 38/111	+3.0% / +6.9%	−23.8% / −54.9%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	OUT	Jul 9, 2026 −7.9%	Enter above C$21.37 (+3.8%)	31% 50/163	−0.3% / +6.9%	−41.5% / −54.9%
Bollinger BreakoutJohn Bollinger · daily	OUT	Jul 23, 2026 −7.1%	Enter above C$20.88 (+1.4%)	32% 74/232	−0.4% / +6.9%	−48.4% / −54.9%
Chandelier ExitChuck LeBeau · daily	OUT	Aug 4, 2026 −4.6%	Enter above C$20.75 (+0.8%)	35% 62/179	+2.5% / +6.9%	−47.6% / −54.9%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	OUT	Aug 4, 2026 −4.6%	Enter above C$21.19 (+2.9%)	33% 59/177	+2.3% / +6.9%	−47.3% / −54.9%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	IN	Oct 23, 2025 +12.2%	Exit below C$16.98 (−17.6%)	31% 13/42	+3.2% / +6.9%	−48.2% / −54.9%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	OUT	Jul 31, 2026 −6.3%	Enter above C$20.99 (+2.0%)	26% 83/317	+4.5% / +6.9%	−45.3% / −54.9%
Acceleration BandsPrice Headley · daily	OUT	Apr 27, 2026 +0.3%	Not on one close	22% 39/178	−0.3% / +6.9%	−38.8% / −54.9%
TTM SqueezeJohn F. Carter · daily	OUT	Oct 29, 2025 +16.0%	Enter above C$21.44 (+4.1%)	34% 55/160	+1.3% / +6.9%	−29.5% / −54.9%
NR7 BreakoutToby Crabel · daily	IN	Oct 8, 2026 +0.4%	Exit below C$20.23 (−1.7%)	32% 213/665	+3.0% / +6.9%	−28.4% / −54.9%
Bollinger SqueezeJohn Bollinger · daily	OUT	Jul 8, 2025 +26.3%	Not on one close	27% 8/30	+1.7% / +6.9%	−8.1% / −54.9%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	IN	Oct 31, 2025 +15.5%	Exit below C$18.48 (−10.3%)	36% 10/28	+3.9% / +6.7%	−54.9% / −54.9%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	IN	Oct 31, 2025 +15.5%	Not on one close	50% 11/22	+4.1% / +6.7%	−54.9% / −54.9%
Dual MomentumGary Antonacci · month-end	IN	Sep 30, 2026 −0.7%	Exit below C$20.55 (−0.2%)	54% 15/28	+6.1% / +6.7%	−25.2% / −54.9%
Stocks on the MoveAndreas F. Clenow · daily	OUT	Aug 17, 2026 −3.3%	Not on one close	29% 42/145	+6.3% / +6.9%	−22.2% / −54.9%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	IN	Jul 31, 2024 +31.1%	Exit below C$19.40 (−5.8%)	33% 4/12	+4.5% / +6.9%	−57.2% / −54.9%
Levy Relative StrengthRobert A. Levy · weekly	OUT	Aug 7, 2026 −4.4%	Enter above C$22.32 (+8.4%)	31% 37/121	+4.1% / +6.9%	−36.9% / −54.9%
MACD Signal CrossGerald Appel · daily	IN	Sep 8, 2026 −0.7%	Exit below C$20.12 (−2.3%)	37% 159/431	+5.3% / +6.9%	−27.0% / −54.9%
Elder ImpulseAlexander Elder · daily	IN	Oct 13, 2026 0.0%	Exit below C$20.52 (−0.3%)	31% 245/789	+3.1% / +6.9%	−35.6% / −54.9%
Know Sure ThingMartin J. Pring · daily	IN	Sep 10, 2026 +0.1%	Exit below C$19.45 (−5.5%)	38% 114/299	+4.3% / +6.9%	−31.2% / −54.9%
Coppock CurveEdwin S. C. Coppock · month-end	IN	Jul 31, 2024 +31.1%	Not on one close	32% 6/19	+3.9% / +5.6%	−54.9% / −54.9%
CCI +100Donald R. Lambert · daily	OUT	Sep 30, 2026 −0.7%	Enter above C$20.78 (+0.9%)	26% 164/620	−0.4% / +6.9%	−35.8% / −54.9%
TRIX Signal CrossJack K. Hutson · daily	IN	Sep 16, 2026 +0.9%	Exit below C$17.55 (−14.8%)	39% 104/269	+2.4% / +6.9%	−47.3% / −54.9%
TSI Zero LineWilliam Blau · daily	OUT	Jul 31, 2026 −6.3%	Enter above C$21.75 (+5.6%)	31% 56/181	+4.0% / +6.9%	−46.0% / −54.9%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	IN	Sep 30, 2026 −0.7%	Exit below C$20.81 (+1.1%)	41% 32/78	+6.7% / +6.7%	−26.7% / −54.9%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	IN	Oct 31, 2025 +15.5%	Not on one close	41% 9/22	+0.7% / +5.1%	−54.9% / −54.9%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	IN	Oct 31, 2025 +15.5%	Not on one close	39% 14/36	+2.7% / +6.7%	−54.9% / −54.9%
PMO Signal CrossCarl Swenlin · daily	IN	Sep 21, 2026 +0.2%	Exit below C$19.80 (−3.9%)	34% 109/321	+1.9% / +6.9%	−52.3% / −54.9%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	IN	Sep 2, 2026 +0.2%	Not on one close	49% 18/37	+2.7% / +6.9%	−52.9% / −54.9%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	OUT	Sep 25, 2026 −0.1%	Not on one close	58% 179/307	+3.1% / +6.9%	−18.9% / −54.9%
Double 7sLarry Connors & Cesar Alvarez · daily	OUT	Sep 28, 2026 −0.8%	Not on one close	62% 229/371	+1.7% / +6.9%	−54.7% / −54.9%
Bollinger ReversionJohn Bollinger · daily	OUT	Oct 13, 2026 0.0%	Buy below C$20.21 (−1.8%)	65% 123/188	+4.2% / +6.9%	−53.0% / −54.9%
Stochastic 20/80George C. Lane · daily	IN	Aug 5, 2026 −5.3%	Not on one close	60% 95/159	+4.2% / +6.9%	−52.9% / −54.9%
Williams %RLarry Williams · daily	IN	Jul 24, 2026 −7.7%	Not on one close	60% 172/287	+4.0% / +6.9%	−52.9% / −54.9%
DeMark 9-CountTom DeMark · daily	IN	Aug 12, 2026 −3.5%	Not on one close	57% 35/61	+2.0% / +6.9%	−60.5% / −54.9%
Mayer MultipleTrace Mayer · daily	IN	Nov 22, 2004 +334.1%	Sell above C$49.41 (+140.0%)	–	+6.9% / +6.9%	−54.9% / −54.9%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Jun 15, 2022 +29.2%	Buy below C$19.77 (−4.0%)	38% 3/8	+1.5% / +6.9%	−20.7% / −54.9%
Laguerre RSIJohn F. Ehlers · daily	IN	Oct 13, 2026 0.0%	Not on one close	48% 154/323	+1.2% / +6.9%	−58.4% / −54.9%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	IN	Oct 6, 2026 +1.0%	Exit below C$20.55 (−0.2%)	56% 247/439	+4.3% / +6.9%	−54.1% / −54.9%
IBS ReversionAlexander S. Pagonidis · daily	OUT	Oct 6, 2026 +1.0%	Buy below C$20.59 (0.0%)	55% 1003/1828	−3.4% / +6.9%	−65.2% / −54.9%
Connors %bLarry Connors & Cesar Alvarez · daily	OUT	Sep 28, 2026 −0.8%	Not on one close	58% 56/96	+2.5% / +6.9%	−52.9% / −54.9%
Fisher TransformJohn F. Ehlers · daily	IN	Oct 13, 2026 0.0%	Exit below C$20.28 (−1.5%)	39% 395/1011	+2.9% / +6.9%	−42.8% / −54.9%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	OUT	Sep 30, 2026 −0.7%	Buy below C$21.15 (+2.7%)	53% 70/131	+5.6% / +6.9%	−24.7% / −54.9%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	IN	Sep 18, 2026 +0.3%	Not on one close	26% 213/807	+0.7% / +6.9%	−40.2% / −54.9%
Chaikin Money FlowMarc Chaikin · daily	IN	Sep 2, 2026 +0.2%	Not on one close	38% 85/226	+1.5% / +6.9%	−47.6% / −54.9%
Money Flow IndexGene Quong & Avrum Soudack · daily	IN	Aug 13, 2026 −4.3%	Not on one close	70% 30/43	+8.7% / +6.9%	−45.4% / −54.9%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	May 1, 2026 −1.3%	Not on one close	42% 65/154	+4.4% / +6.9%	−42.9% / −54.9%
Force IndexAlexander Elder · daily	IN	Oct 8, 2026 +0.4%	Exit below C$20.53 (−0.3%)	29% 230/791	+0.1% / +6.9%	−48.5% / −54.9%
Buff AveragesBuff Dormeier · daily	OUT	Oct 6, 2026 +1.0%	Enter above C$20.75 (+0.8%)	35% 129/365	+4.1% / +6.9%	−44.0% / −54.9%
Chaikin OscillatorMarc Chaikin · daily	IN	Sep 18, 2026 +0.3%	Not on one close	36% 224/628	−0.8% / +6.9%	−57.8% / −54.9%
Volume Flow IndicatorMarkos Katsanos · daily	IN	Sep 4, 2026 −0.8%	Not on one close	26% 35/134	−0.8% / +6.9%	−66.2% / −54.9%
Klinger OscillatorStephen J. Klinger · daily	IN	Oct 8, 2026 +0.4%	Not on one close	37% 345/933	+3.0% / +6.9%	−42.3% / −54.9%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	IN	May 20, 2026 −2.9%	Not on one close	53% 77/144	+5.6% / +6.9%	−26.7% / −54.9%
HikkakeDaniel L. Chesler · daily	IN	Oct 13, 2026 0.0%	Exit below C$20.23 (−1.7%)	34% 29/85	+4.6% / +6.9%	−23.7% / −54.9%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	OUT	Aug 26, 2026 −1.1%	Not on one close	39% 15/38	+1.6% / +6.9%	−7.7% / −54.9%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 −1.0%	Buys Oct 30	60% 26/43	+6.2% / +6.9%	−54.9% / −54.9%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	IN	Oct 9, 2026 +0.4%	Window opens Apr 1	55% 24/44	+4.3% / +6.9%	−54.9% / −54.9%
Seasonal TimingSy Harding · daily	OUT	May 12, 2026 −2.9%	Window opens Oct 16	56% 24/43	+5.3% / +6.9%	−54.9% / −54.9%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 +12.6%	Buys Dec 23	48% 21/44	+2.8% / +6.9%	−4.4% / −54.9%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 +1.6%	Buys Oct 29	45% 235/526	−0.1% / +6.9%	−41.6% / −54.9%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 −0.7%	Sells Jun 30	55% 6/11	+3.4% / +6.9%	−19.7% / −54.9%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 −0.8%	Buys Nov 24	50% 193/386	+3.5% / +6.9%	−12.0% / −54.9%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 +21.6%	Not on one close	60% 12/20	+4.8% / +6.9%	−27.7% / −54.9%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 13, 2026 0.0%	Sells Oct 16	49% 1123/2284	+1.6% / +6.9%	−51.9% / −54.9%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 +0.9%	Buys Oct 27	47% 165/348	+1.7% / +6.9%	−8.4% / −54.9%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 −0.6%	Sells Oct 16	47% 256/541	−0.4% / +6.9%	−52.3% / −54.9%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Jan 4, 2005	Always in	–	+6.9%	−54.9%

If the market cracks: the storm test

How the storm test works

ExposureModerate4 of 10 points

Market swings0/3
Past crashes1/2
Debt3/3
Run-up0/2

It fell about 1.3× as far as its index in past crashes.
It operating profit covers interest only 1.2×.

Past crashes, peak to low

Financial crisis Oct 2007 to Mar 2009 · back to its old high Jul 2010

REI.UN−50%

TSX−47%

COVID crash Feb 2020 to Mar 2020 · back to its old high Feb 2022

REI.UN−55%

TSX−37%

2022 bear market Jan 2022 to Sep 2022 · back to its old high Jan 2023

REI.UN−19%

TSX−14%

Beta0.72Moves about 0.7× as much as the TSX week to week.
Downside capture106%In months the TSX fell, this fell 106% as much on average.
Two-year change+19%
From 52-week high−10%
Debt to equity0.97×
Net debt / EBITDA11.4×Years of operating cash earnings it would take to pay off its debt.
Interest cover1.2×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

REIT - Retail · RioCan Real Estate Investment Trust meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based retail properties in densely populated communities. As at June 30, 2026, our portfolio is comprised of 164 properties with an aggregate net leasable area of approximately 31 million square feet. RioCan Real Estate Investment Trust was established on 30 November, 1993 and was incorporated in Canada.

Size and valuation
Market cap	C$6.0B	What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)	C$1.3B	Total sales. The market values it at 4.7× sales.
P/E ratio	23.9×	Buyers pay C$24 for each C$1 of the last year's profit.
Forward P/E	12.7×	Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book	0.8×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	19.6%	Keeps 20¢ of each dollar of sales as profit.
Revenue growth	−19.3%	Last quarter's sales against the same quarter a year earlier.
Earnings growth	+6.0%	Same comparison for profit.
Return on equity	3.5%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	C$107M	Cash left after running and investing in the business.

Balance sheet
Total equity	C$7.2B	What it owns minus what it owes.
Total debt	C$6.9B	Loans and bonds it has to pay back, with interest.
Cash	C$67.0M	Cash and short-term investments on hand.
Debt to equity	0.97×	Moderate.
Interest cover	1.2×	Operating profit divided by interest. Under 2× means one bad year could make the interest hard to pay.

Wall Street
Average analyst target	C$24.10	17% above the close, from 12 analysts (range C$21.25 to C$26.50).
Consensus rating	Buy	Analysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield	5.65%	Yearly dividends as a share of the price.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Reports for Be The Puck Members.

REI.UN: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Real estate: what the plays sayEvery covered name in the sector, side by side.Members Debt decides who survives a crashThe storm test on every covered stock.Members Is this a bubble?The gauges in October 2026, and what history says about timing.Members

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